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123 W Main, Urbana, IL 61801

Commercial Lease, Urbana, IL

Space Size395 SF - 795 SF
Days on Market368

Property Features for 123 W Main

General Information

Property type Commercial Lease
Property subtype Office
Directions Right in the middle of downtown Urbana. 2nd floor office space at 123 West Main.
Subdivision Urbana
Standard status Active

Taxes and HOA fees

Tax Description 2 small office spaces available
Legal Description 2 small office spaces available

Utilities

Cooling system Central Air

Building Details

Year built 1960
Floors in Building 1
Listing Agency: Weiner Co., Ltd.
Listed By: Jonah Weisskopf · License #475155882
Added: Sep 11, 2025 Changed: Aug 19 Last Checked: Sep 13 at 4:06AM
MLS# 12469807

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property provides two adjoining workspaces along with a separate small storage closet. The layout supports users seeking dedicated office accommodations with additional on-site storage, while central air serves the building. Utilities and Wi-Fi are included with the office arrangement.

Constructed in 1960, the property is located on W Main in Urbana, Illinois, within the 61801 ZIP code. The offering is structured for office use and provides a straightforward setup for individual or combined occupancy.

Key Highlights

  • Two adjoining office spaces available for individual or combined use
  • Separate small storage closet included
  • Utilities and Wi‑Fi included

Property Analytics

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Current Use

Coffee and Cogs (Bike/Boat/Book/etc) Store Parkinson Donald R Law Firm Gregory L Ryan ... Law Firm Gabe's Place Apartment Building ThriftUrbana Discount Store

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Big Box & Wholesale Store Nail Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,208
Businesses Nearby

Demographics for 61801, IL

27,658
Population
13,468
Households
2.1
Avg Household Size
26
Median Age
65%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,122
Density / Sq Mi
$37,948
Median Household Income
$26,394
Median Earnings
$950
Median Rent
$184,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office configuration includes a storage closet, central air, and bundled utilities and Wi-Fi.
Where is this office units located?
The property is located at 123 W Main Urbana, IL.
What are key features of this property?
This property features: Two adjoining office spaces available for individual or combined use; Separate small storage closet included; Utilities and Wi‑Fi included
More about this property
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